Keith1950
Posted - 8 hours ago
$CLM $CRF $OXLC ...Well, of course I was off. NAV for CLM is $7.19 and CRF is $6.86 but those are better drips.
amf99
Posted - 8 hours ago
@Keith1950 very close, $CLM 7.19, $CRF 6.86,
DIVIPLAN
Posted - 9 hours ago
$CLM here's the weekly performance of the top 50 holdings for 11-22-24.
MichaelJk
Posted - 9 hours ago
$CLM We be back to 7.19
Keith1950
Posted - 10 hours ago
$CLM $CRF $OXLC ...After today’s (Friday-11/22/24) S&P 500 close at 5,969.34 I calculate the NAV for CLM at $7.20 (premium of 22.08%) and for CRF at $6.89 (premium of 30.77%). Cornerstone will publish the official numbers on their website a few hours after the market closes on Friday and they may be a little different from my calculations, but they should be close. Today’s NAV amounts will be used for the drip share price at the end of this month. The last Friday’s NAV of each month is normally used for the drip calculation UNLESS the last Friday of the month is also the last trading day of the month, which will be the case this month. The last 9 days, since the highs on 11/13/24 have been a bumpy ride but CLM and CRF have recovered nicely and should continue to trend up, but man, the OX has sure been flat since x-div-day. Have a lovely weekend everyone.
Western_David
Posted - 1 day ago
@ValueFiend I've been with Schwab for years and in the $CLM and $CRF drip for many years and never heard of them not allowing people to get into the program. I know from experience it can be a hassle to get into it on Schwab cause the first few people you encounter aren't aware of the Cornerstone drip plan and generally brush you off. You have to insist until you dig deep enough till you find a person who knows what you're asking about.
ValueFiend
Posted - 1 day ago
$CLM I'm just curious if anyone has been able to use the DRIP program with Interactive Brokers? I'm also wondering if Schwab has reinstated the DRIP program as promised.
KingBocephus73
Posted - 1 day ago
$CLM $OXLC $MSTY $APLD $IREN AMEN!!!
Fortfr
Posted - 2 days ago
$CLM When does that special NAV price reset ? And what is it now ? 7.06 ? Thanks
ahulme
Posted - 3 days ago
$CLM $CRF interesting RO in $OPP every 6 RO shares = 2 common shares and 1 share of new $OPPPRC 6% preferred’s for $10 which has $25 PAR… nontransferable RO shares… use em or lose em…
wumiller
Posted - 3 days ago
$OXLC Treading water but then a fully covered 20% +div is way better than ok with me Bought back my OCCI this morning that I sold yesterday so no div but decent cap appreciation Bought more $CLM in low 8.60's and $ACP at 6.51
PennyWeasel
Posted - 3 days ago
$OXLC Busy busy busy day. Bought a little EIC, ITOT, RSPT, DGRO, and $CLM to top off a few positions. Bought and sold some $ECC shares (exchanged some higher priced for some lower priced shares) and sold off some $AGNC and a little $HGLB. I'm exhausted! 🍀🍀🥃💵💵💵💵💵🐄
wumiller
Posted - 6 days ago
@brokenman Added together my position in these two tickers was over 50,000 this had gotten so large because I drip the monthly dividend Over the last month or so the share price of $CLM went from 7.75 to 9 and $CRF similar so a good time to harvest some profits added to that I personally feel this last post election spurt in the stock market is not sustainable so for me a no brainer I still have some of both and will buy at lower prices
antifapat
Posted - 1 week ago
@bkdvet After today's sales on ex-dividend day, I now have 102.696 shares of $CLM worth $896.54 at a cost of $14.95 for 2 purchased shares with a current yield of 14.93% that gained an average of 7.29% through discounted #DRIP @ #NAV for the current year. For my $CRF shares, 106.91 shares are worth $941.88 at a cost of $15.40 for 2 purchased shares with a current yield of 14.12% that gained an average of 14.20% through the same discounted drip@ NAV for the current year. Getting ready for the RO although I wouldn't expect it until premium reach about 35% or so.
wumiller
Posted - 1 week ago
$CLM Wow! not expecting 7.08 NAV for $CLM and 6.76 for $CRF so as of today 23% and 30% premium to NAV respectively Game on for the R/O
MoonBeam12
Posted - 1 week ago
$CLM NAV dropped to $7.08
DIVIPLAN
Posted - 1 week ago
$CLM Here is the weekly performance of the top 50 holdings for 11-15-24.
wumiller
Posted - 1 week ago
$CLM I just got filled at 8.88 for $CRF in the AH not sure if that means anything
AfterHrsTrader
Posted - 1 week ago
$CLM not a bad drop considering today's shitshow. Should recover by payment date.
wumiller
Posted - 1 week ago
$OXLC Meanwhile the strange .40 cent difference that $CRF had over $CLM (after years of being the other way round)is down to .10 cents Are we going all the way back ?
antifapat
Posted - 1 week ago
@bkdvet because there are other options. I have 202.696 shares of $CLM worth $1806.02 at a cost of $814.61 for 102 purchased shares with a current yield of 14.63% that gained an average of 7.29% through discounted #DRIP @ #NAV for the current year. For my $CRF shares, 202.91 shares are worth $1840.39 at a cost of $821.49 for 98 purchased shares with a current yield of 13.72% that gained an average of 14.20% through the same discounted drip@ NAV for the current year. So, not a gain of 25-30% as you surmised for the drip but still respectable. I also have 12137.915 of $OXLC worth $6647.60 at a cost of $10.10 fort 2 purchased shares with a current yield of 20.11% that gained an average of 5.87% through discounted drip @ 95% of share price for the current year. I also have 1088.963 shares of $ECC worth $10094.69 at a cost of $10184.94 for 1077 purchased shares with a current yield of 20.71% that gained an average of 4.01% through discounted drip @ 95% of share price for the current year.
AboveNBeyond
Posted - 1 week ago
$CLM when is CLM's record date that you hate to make sure you are in to get the dividend every month?
bkdvet
Posted - 1 week ago
@antifapat I have to ask, why is your number of invested shares so so low on Cornerstone $CLM and $CRF? The dividend yield at today’s price is over 14%, but if you DRIP the shares, you earn another 25-30% in premium to NAV. Of all “high yield” dividend stocks, I find it to be the very best option to preserve or grow capital, while paying a ridiculous dividend yield.
Keith1950
Posted - 1 week ago
$CLM $CRF $OXLC ... A fairly large drop in the S&P 500 today (11/14/24), down 36.21 (-0.60%) to close at 5,949.17. Adjusting for the distribution at the end of this week, I calculate the NAV for CLM at $7.17 (premium of 24.27%) and for CRF at $6.83 (premium of 32.80%). These amounts are probably off a little and will no doubt change by this Friday’s closing, but I believe they are close. Too bad the market was down the day before ex-div day, otherwise the share prices would have probably increased instead of declined. Looking forward to a healthy drip at NAV which will be determined at the closing NAV on 10/22/24 this month.
MoonBeam12
Posted - 1 week ago
Thought we might see $CLM and $CRF cross over to their traditional alignment of sp today.
wumiller
Posted - 1 week ago
$CRF buying back a little at 9.06 after my selling frenzy over the past few days $CLM not buying back and yet waiting for a little lower $OXLC ZZZZZZZZ
Bnkr7777
Posted - 1 week ago
$CLM I am new to CLM. What has been causing the recent run up?
MoonBeam12
Posted - 1 week ago
$CLM The RO does affect the NAV to premium differential, but not because of the dilution in general, but because the dilution is still done at a premium to NAV (112% usually). So the added shares increase the NAV and thus reduce the NAV/sp difference. At least this is my understand of the math.
